IB CONCEPT: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
IB CONCEPT
Largest movements
- Receivables within one year -€22,778
down €22,778 (-37.1%), from €61,448 to €38,670
of which Trade receivables: -€21,147
- Tangible fixed assets -€8,277
down €8,277 (-41.2%), from €20,080 to €11,803
of which Land and buildings: -€4,287
- Other debts +€169,841
up €169,841 (+243.3%), from €69,801 to €239,642
- Trade debts -€109,561
down €109,561 (-95.2%), from €115,108 to €5,546
- Advances received -€58,844
no longer reported in 2024 (was €58,844)
- Profit (loss) carried forward -€31,342
down €31,342 (-46.3%), from -€67,751 to -€99,093
- Gross operating margin -€12,717
down €12,717, from €1,843 to -€10,874
- Depreciation +€12,283
up €12,283 (+307.8%), from €3,990 to €16,273
- Taxes +€3,750
new in 2024: €3,750
- Financial charges -€1,190
down €1,190 (-95.2%), from €1,250 to €60
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €226,891 | €195,970 | -€30,921 | -13.6% |
| Fixed assets | 21/28 | €25,834 | €17,007 | -€8,827 | -34.2% |
| Tangible fixed assets | 22/27 | €20,080 | €11,803 | -€8,277 | -41.2% |
| Land and buildings | 22 | €4,287 | - | -€4,287 | |
| Plant, machinery and equipment | 23 | €2,161 | €2,161 | = | 0.0% |
| Furniture and vehicles | 24 | €13,633 | €9,643 | -€3,990 | -29.3% |
| Financial fixed assets | 28 | €5,754 | €5,204 | -€550 | -9.6% |
| Current assets | 29/58 | €201,057 | €178,963 | -€22,094 | -11.0% |
| Stocks and contracts in progress | 3 | €133,755 | €133,755 | = | 0.0% |
| Stocks | 30/36 | €133,755 | €133,755 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €61,448 | €38,670 | -€22,778 | -37.1% |
| Trade receivables | 40 | €47,517 | €26,371 | -€21,147 | -44.5% |
| Other amounts receivable | 41 | €13,931 | €12,299 | -€1,632 | -11.7% |
| Cash at bank and in hand | 54/58 | €4,694 | €5,378 | +€685 | +14.6% |
| Deferred charges and accrued income | 490/1 | €1,160 | €1,160 | = | 0.0% |
| Total equity and liabilities | 10/49 | €226,891 | €195,970 | -€30,921 | -13.6% |
| Equity | 10/15 | -€51,551 | -€82,893 | -€31,342 | -60.8% |
| Contributions | 10/11 | €16,200 | €16,200 | = | 0.0% |
| Capital | 10 | €16,200 | €16,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €2,400 | €2,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€67,751 | -€99,093 | -€31,342 | -46.3% |
| Amounts payable | 17/49 | €278,443 | €278,863 | +€420 | +0.2% |
| Amounts payable after more than one year | 17 | €25,000 | €25,000 | = | 0.0% |
| Financial debts | 170/4 | - | €25,000 | +€25,000 | |
| Other amounts payable | 178/9 | €25,000 | - | -€25,000 | |
| Amounts payable within one year | 42/48 | €253,443 | €253,863 | +€420 | +0.2% |
| Trade debts | 44 | €115,108 | €5,546 | -€109,561 | -95.2% |
| Suppliers | 440/4 | €115,108 | €5,546 | -€109,561 | -95.2% |
| Advances received on contracts in progress | 46 | €58,844 | - | -€58,844 | |
| Taxes, remuneration and social security | 45 | €9,690 | €8,674 | -€1,016 | -10.5% |
| Taxes | 450/3 | €9,690 | €8,674 | -€1,016 | -10.5% |
| Other amounts payable | 47/48 | €69,801 | €239,642 | +€169,841 | +243.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,990 | €16,273 | +€12,283 | +307.8% |
| Other operating charges | 640/8 | €348 | €384 | +€37 | +10.6% |
| Gross operating margin | 9900 | €1,843 | -€10,874 | -€12,717 | |
| Operating profit (loss) | 9901 | -€2,494 | -€27,532 | -€25,037 | -1003.7% |
| Financial income | 75/76B | €34 | - | -€34 | |
| Recurring financial income | 75 | €34 | - | -€34 | |
| Financial charges | 65/66B | €1,250 | €60 | -€1,190 | -95.2% |
| Recurring financial charges | 65 | €1,250 | €60 | -€1,190 | -95.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,711 | -€27,592 | -€23,881 | -643.6% |
| Income taxes | 67/77 | - | €3,750 | +€3,750 | |
| Profit (loss) for the period | 9904 | -€3,711 | -€31,342 | -€27,631 | -744.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,711 | -€31,342 | -€27,631 | -744.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.